25 Truths about Joint Ventures: Insights from the 2018 Joint Ventures Conference

Companies are entering into more joint ventures than ever before to keep up with the pace of innovation. Such deals are complicated and can have a low probability of success. To help the deal succeed, make sure you choose partners who have a shared mission and vision, spend time during the negotiation stage planning how to handle exit strategies and things that could wrong, and put a lot of care in choosing board members. Also keep in mind that joint ventures are iterative and will change based on changes at parent companies and in the external environment.